French-Style-Japanese Pastry

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Background

BizEx ID:BizEx1460-AV
General Location:Lomita, CA
Category: Other Eating & Drinking Places
Years in Business:20
Under Present Owner:Yes
Hours of Operation:Tues-Sat 11am to 5pm
Owner Hours:Tues-Sat 11am to 5pm
Training:None
Organization Type:S-Corp
Lease Expiration:Month to Month
Lease Options:
Building Size:1300
Employees:8
Reason for Sale:To Spend More Time with Family

Financials

Asking Price:$175,000
Down Payment:Negotiable
Gross Sales:$378,000
Discretionary Cash Flow:$76,000
FF&E:
Inventory Included?Yes
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$1,725
Payroll:$18,000

2024 2023 2022
Gross Sales $ 378,000 $ 375,150 $ 397,800
Gross Profit $ 322,000 $ 320,250 $ 336,200
Disc. Earnings $ 76,000 $ 64,187 $ 104,719

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations